Loading…
Ukrainian sea ports shipped 154 thousand tons of wheat from March 10 to 16, down 28% week on week. Corn exports rose 19% to 572 thousand tons, and barley shipments were zero.
Egypt and China were the top importers of Ukrainian grain that week.
A sharp drop in Ukrainian wheat exports reduces near-term Black Sea wheat supply and is supportive for wheat prices. Strong corn exports continue to add feed grain supply to importers.
latifundist.comMar 20, 2018After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
